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Greece Tax Agency Issues Circular on VAT Exempt Services for Over the Counter Derivatives

  • Greek Tax Agency issued Circular No. E.2068
  • Circular clarifies VAT treatment of contracts for difference (CFDs)
  • VAT exemptions for income from services related to over the counter (OTC) derivatives
  • Circular states that Circular E. 2066/2023 does not exclude VAT exemptions for OTC derivatives
  • Income from services related to transactions and operations on OTC derivatives exempt from VAT if involving credit institution or qualifying investment participant

Source: news.bloombergtax.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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